Tag: Iron Ore
US Steel to remain in America, form ‘partnership’ with Nippon, Trump says
Monthly Miner May 23, 2025
US President Donald Trump on Friday announced that US Steel and Japan’s Nippon Steel had agreed to form a “planned partnership” that meant the American steel company would remain in the country, headquartered in Pittsburgh.
Rio Tinto (ASX: RIO; LSE: RIO) reportedly considered a bid for Anglo American (LSE: AAL) in recent months and the second largest miner has not dismissed the possibility of acquiring a portion or the entirety of the company, now a target of BHP (ASX: BHP).
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies to determine their emissions, including how to unravel pollution by suppliers and customers.
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a greener economy.
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